$9.5 million investment in PNG creates 75 jobs

To Press Releases listSydney, Australia,Feb 18, 2014

Nestlé Australia today unveiled the first stage of a AU$9.5 million (K21.6 million) expansion at its factory in Papua New Guinea, a project that will create an additional 75 jobs.

The project includes new state-of-the-art production equipment at the company’s factory in Lae that will meet increasing local demand for its products, particularly MAGGI noodles and MAGGI bouillon.

Executive Vice President Nestlé S.A., Mr Nandu Nandkishore, who is in Lae as part of a visit to Papua New Guinea and Australia, said the significant investment signalled a long-standing commitment to the country.

“Nestlé has been operating in this country for more than three decades and our commitment goes well beyond the manufacturing of nutritious products,” said Mr Nandkishore, who is also the Zone Director for Oceania, Africa, Asia and the Middle East.

“We also support the PNG economy by sourcing a substantial amount of raw materials locally as well as implementing agricultural programs to support, encourage and train local farmers, particularly in the growing of coffee for our Nescafé Plan.”

Nestlé Pacific Islands Country Manager, Mr Eugene David, said the investment would create a platform for innovation.

“Nestlé PNG already produces a range of nutritious fortified products specifically tailored to the needs of Papua New Guineans and this investment will allow us to increase our offering,” Mr David said.

“This expansion is very significant as it will allow us to keep on providing quality products on state-of- the- art equipment as well as more jobs.”

The installation of the new equipment, sourced largely from Europe, is expected to see the amount of product manufactured increase by 30 per cent.

The last major upgrade at the factory was 14 years ago when the outgoing noodle line was installed.

For more media inquiries contact:
Anita Catalano
Media Relations Manager
Nestlé Australia
T: (02) 8756 2388
M: 0406 403 397
anita.catalano@au.nestle.com